Vermont Business Magazine Weekly unemployment claims fell marginally last week but remain at a low level. Claims had been falling steadily since early July. Claims also are lower than they were the same time last year, which has been the case for most weeks in 2017. For the week of September 9, 2017, there were 306 claims, 4 fewer than than they were last week and 73 fewer than they were a year ago.
Altogether 2,752 new and continuing claims were filed, a decrease of 586 from a week ago, and 458 fewer than a year ago.
Claims during the summer usually hold at a relatively low level because of vacation hiring, until the next transition, which typically happens in September when school resumes.
As expected, by industry, Services accounted for the most claims (51 percent of the total). Manufacturing numbers fell and represents 8 percent of all claims.
The Department processed 0 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08).
Vermont's unemployment rate for July was 3.1 percent. This reflects a one-tenth drop from the revised June rate (3.2 percent), as the Labor Force fell.SEESTORY.
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The Unemployment Weekly Report can be found at:http://www.vtlmi.info/. Previously released Unemployment Weekly Reports and other UI reports can be found at:http://www.vtlmi.info/lmipub.htm#uc
